Top officials of PNB and the Finance Ministry have been asked to appear before the CVC on February 19.

CVC is an apex governmental body to address governmental corruption.

Sources have told ANI that MD and CEO, Punjab National Bank, Sunil Mehta is likely to appear before CVC on Monday at 11 a.m.He will be accompanied by Chief Vigilance Officer (CVO) of PNB.

On behalf of the Ministry of Finance, additional secretary, department of financial services is likely to be present.

Sources have also revealed to ANI that CVO PNB is most likely to give a presentation to CVC about the fraud which has shaken the banking system.

Further, before going to CVC, top management of PNB and senior officials of department of financial services had a meeting through video conferencing yesterday, according to sources.

On Monday, CVC will review the vigilance monitoring system of PNB and decide the necessary course of action to be taken.

CVC is the fourth government agency after ED, CBI and IT department which has swung into action.

According to sources, the Indian Banking Association will also hold a meeting with the chiefs of all Public Sector Undertaking (PSU) banks through video conferencing from its headquarters in Mumbai later today.

For the unversed, Punjab National Bank detected a 1.77 billion dollars scam in which jeweler Nirav Modi acquired fraudulent letters of undertaking from one of its branches for overseas credit from other Indian lenders.

The scam was started in 2011 and was detected in the third week of January this year, after which the PNB officials reported it to the concerned agencies.

Meanwhile, the PNB filed a second complaint with the CBI on February 13.

The CBI had received the complaint from PNB on January 28 and a case was registered in the case on January 31. (ANI)

New Delhi [India], May 25 (ANI): Leading travel marketplace, ixigo, on Thursday announced that it has partnered with subsidiary of the Indian Railways, Indian Railway Catering and Tourism Corporation (IRCTC) to exclusively power hotel bookings for its users.

New Delhi [India], May 24 (ANI-NewsVoir): DCM Shriram Ltd. under the aegis of DCM Foundation has initiated the "Shriram Swachagrah Project" for improvement of sanitation infrastructure in 1072 Govt. Schools comprising of 777 Primary and 295 Secondary Schools of the entire Kota District. The project is

New Delhi [India], May 24 (ANI-NewsVoir): It is rightly said, "Success is where preparation and opportunity meet." This came true for a 16-year-old Manjula who wanted to become an actress. In her imaginary world of roles and characters, the dream to become an actress was the only real thing for her. B

New Delhi [India], May 24 (ANI-NewsVoir): Taking the chapter ahead, Entrepreneur Organization Gurgaon Chapter, organized The President's Gala for its members at Taj City Centre Gurgaon. Here, EO Gurgaon members welcomed their new board and thanked outgoing board members for their contribution. Their h

New Delhi [India], May 24 (ANI): AkzoNobel Specialty Chemicals has broken ground on a project to expand production capacity and upgrade its organic peroxides facility in Mahad, India. Organic peroxides are essential for the manufacture of a wide range of polymer-based products including athletic shoe

New Delhi [India], May 24 (ANI-NewsVoir): The 4th Smart Cities India 2018 expo opened its doors today with over 300 exhibitors from India and abroad showcasing innovative products and solutions for smart cities. The three day expo at Pragati Maidan was inaugurated by CR Chaudhary Union Minister of Sta